The Certificate in Accounting and Finance course at CTS College is designed to provide participants with comprehensive and hands-on training in essential accounting principles, practices and software tools. This programme is ideal for individuals seeking to acquire practical accounting skills for employment or career advancement. Participants will acquire a strong foundation in both accounting and finance concepts, enhancing their proficiency in utilising accounting software for a range of financial activities.

What you will learn

• BENEFITS

  Upon completion of this programme, students would be able to:

  • Understand fundamental accounting concepts, principles, and terminology
  • Prepare and interpret financial statements, including balance sheets, income statements, and cash flow statements
  • Apply accounting principles to record transactions accurately and maintain financial records
  • Perform reconciliations and process adjustments
  • Test balances, audit balances and transactions
  • Analyse financial data to make informed business decisions
  • Understand taxation

Requirements

ENTRY REQUIREMENTS

Students are expected to meet the following requirements in order to start this course:

• Intermediary Microsoft Office experience including Microsoft Excel
• 1 Year work experience in a related field
• Working knowledge of accounting terms such as double entry, debit, credit, assets, liabilities, income and expenses, trial balance, balance sheet and income statement

Course Details

COURSE CONTENT

The following would be covered in this course:

1: INTRODUCTION TO ACCOUNTING PRINCIPLES

• Basic concepts of accounting
• Double-entry accounting system
• Accounting equations and principles
• Chart of accounts and account classification

2: RECORDING FINANCIAL TRANSACTIONS

• Journal entries and ledger maintenance
• Debits and credits
• Posting to the general ledger
• Trial balance and its significance

3: RECONCILIATIONS

• Bank and cash reconciliation process
• Ledger reconciliations
• Adjusting entries

4: AUDITING AND TESTING

• Identifying inconsistencies
• Tracking and tracing transactions
• Testing controls
• Standard operating procedures
• Building out a monthly and yearly audit file

5: FINANCIAL STATEMENTS

• Balance sheet preparation and analysis
• Income statement preparation and analysis
• Statement of cash flows
• Interpreting financial ratios

6: ANALYSING FINANCIAL DATA

• Financial statement analysis techniques
• Ratio analysis for performance evaluation
• Identifying financial trends and implications

7: TAXATION

• Understand the relevant payroll and income taxes
• Computations
• Submitting returns
• Deadlines and penalties

Current Offerings